The FASB and the IASB have been working together to
The FASB and the IASB have been working together to resolve the remaining differences between FASB Statement 128, Earnings per Share, and IAS 33 Earnings per Share. In August 2008, the IASB issued an Exposure Draft outlining proposed changes to the earnings per share standard.
Instructions
From the IASB website (www.iasb.org), review the Exposure Draft. Discuss the issues raised and comment on whether the changes will result in better financial reporting.
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